Hutchison Whampoa Limited (HWL) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL was an international corporation with a diverse array of holdings which included the world's biggest port and telecommunication operations in 14 countries and run under the 3 brand. Its business also included retail, property development and infrastructure. It was 49.97% owned by the Cheung Kong Group.

On 3 June 2015, the company merged with the Cheung Kong Group as part of a major reorganisation of the group's businesses. The combined business was renamed CK Hutchison Holdings.

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Originally Hutchison Whampoa was two separate companies, both founded in the 19th century. Hong Kong and Whampoa Dock was established in 1863, by British merchant John Duflon Hutchison, and Hutchison International was formed in 1877.[1]

In the 1960s, Hutchison International – under ColonelSir Douglas Clague (1917–1981) – gained a controlling interest of Hong Kong and Whampoa Dock,[2] and in 1977 Hutchison acquired all of Hong Kong and Whampoa Dock, creating Hutchison Whampoa Limited.

Although Hutchison Whampoa had a large portfolio of valuable real estate interests, in docks and retail ventures, the company eventually ran into trouble. It was rescued by The Hongkong and Shanghai Banking Corporation, with HSBC taking a 22% stake in the company and ensuring that Clague was replaced.[3]

On 25 September 1979, at the close of trade in London, HSBC announced that it was selling its stake in Hutchison Whampoa to Cheung Kong for HK$639 million.[3]

In March 2011, Hutchison Port Holdings Trust (HPHT) announced that the company would IPO through Singapore Exchange for about US$5.4 billion. This would be the largest offering in South East Asia and surpass Petronas Chemicals offering of about $4.1 billion.[4]

In January 2015, Li Ka-shing entered into talks with Telefónica to buy its British mobile division O2 for around $15.4 billion.[5] In March 2015, Li Ka-shing confirmed it will be purchasing Telefónica's UK mobile division for £10.25bn subject to regulatory approval by competition regulator, Ofcom.

In January 2015, Li Ka Shing confirmed plans for Cheung Kong Holdings to purchase the remaining shares in Hutchison Whampoa that it did not already own, and merge the two companies as CK Hutchison Holdings. The merger is part of a larger reorganisation of Li's businesses, which will involve the spin-off of property assets into Cheung Kong Property.[6] The new holding company has been incorporated in the Cayman Islands, rather than Hong Kong.[7]

Hutchison Port Holdings (HPH) operates across Europe, the Americas, Asia, the Middle East and Africa. It operates in five of the seven busiest container ports in the world, handling 13% of the world's container traffic. Hutchison Whampoa operates container terminals in Panama, as well as Mexico and other parts of the Americas.

HWL owned the "3" brand. It also owns 60.4%[9] of Hutchison Asia Telecommunications (HAT), which provides mobile phone networks and data services in Asia. The company's subsidiary 3 Group Europe owns its '3' branded businesses in Europe. Another 1% of HAT is owned directly by Cheung Kong Holdings, the holding behind Cheung Kong group to which HWL belongs. Additionally, HWL is an official backer of the .mobitop level domain created specifically for the mobile internet and has launched the mobile portal Three.mobi under its "3" brand.[10][11]

Hutchison Whampoa has received criticism from charities such as the Burma Campaign UK and appear on the charity's 'dirty list' for their involvement in trade with the military junta in Burma. They state that the company's subsidiary Myanmar International Terminals Thilawa (MITT) is 'strategically positioned to facilitate and service Myanmar's international trade'[12] and are concerned about the role foreign investment plays in 'perpetuating' the country's brutal regime.[13]